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Fixed a spelling error.
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Bob
Bob
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First, I am assuming that you are in the United States.

I think loans to buy depreciating assets for personal use are a bad idea. Hence, I would avoid them. You seem to be doing very well financially. If I really liked an Audi I would look to buy one used and pay cash. I would then safesave up enough money to buy a new or slightly used Audi. At that point you could buy the car you really want or want until your car had to be replaced. The second would result in a larger retirement nest egg.

First, I am assuming that you are in the United States.

I think loans to buy depreciating assets for personal use are a bad idea. Hence, I would avoid them. You seem to be doing very well financially. If I really liked an Audi I would look to buy one used and pay cash. I would then safe up enough money to buy a new or slightly used Audi. At that point you could buy the car you really want or want until your car had to be replaced. The second would result in a larger retirement nest egg.

First, I am assuming that you are in the United States.

I think loans to buy depreciating assets for personal use are a bad idea. Hence, I would avoid them. You seem to be doing very well financially. If I really liked an Audi I would look to buy one used and pay cash. I would then save up enough money to buy a new or slightly used Audi. At that point you could buy the car you really want or want until your car had to be replaced. The second would result in a larger retirement nest egg.

Source Link
Bob
Bob
  • 2k
  • 16
  • 23

First, I am assuming that you are in the United States.

I think loans to buy depreciating assets for personal use are a bad idea. Hence, I would avoid them. You seem to be doing very well financially. If I really liked an Audi I would look to buy one used and pay cash. I would then safe up enough money to buy a new or slightly used Audi. At that point you could buy the car you really want or want until your car had to be replaced. The second would result in a larger retirement nest egg.